{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-015326","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.352447+00:00","generated_at":"2026-05-23T06:38:11.530856+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First BanCorp Q1 net income $77.1M ($0.47 EPS); NIM expands 19 bps to 4.52%","bullets":["Net income $77.1M ($0.47 diluted EPS) vs $75.7M ($0.46) in Q4 2024; revenue from NII $212.4M.","Net interest margin 4.52% (+19 bps QoQ) driven by better asset mix and lower deposit costs.","Core deposits up $29M to $12.9B; non-interest-bearing deposits rose $69.8M.","Redeemed $50.6M junior subordinated debentures, repurchased $21.8M stock, declared $29.6M dividends.","ACL coverage 1.95% (vs 1.91% QoQ); NPAs up $11.1M to $129.4M on a $12.6M CRE loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-015326","json":"https://secwatch.observer/filing/0001140361-25-015326.json","markdown":"https://secwatch.observer/filing/0001140361-25-015326.md","text":"https://secwatch.observer/filing/0001140361-25-015326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125015326/0001140361-25-015326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125015326/ef20047827_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T06:38:11.530856+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}